Lithia Motors
227 hedge funds and large institutions have $1.73B invested in Lithia Motors in 2014 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 88 increasing their positions, 83 reducing their positions, and 27 closing their positions.
37% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 27
4% more funds holding
Funds holding: 218 → 227 (+9)
6% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 83
1.89% less ownership
Funds ownership: 98.96% → 97.07% (-1.9%)
13% less call options, than puts
Call options by funds: $6.44M | Put options by funds: $7.44M
21% less capital invested
Capital invested by funds: $2.19B → $1.73B (-$464M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$27.9M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$26.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$20M |
| 4 |
Morgan Stanley
New York
|
+$11.9M |
| 5 |
Millennium Management
New York
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$22.1M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$21.8M |
| 4 |
GA
Geneva Advisors
Chicago,
Illinois
|
-$17.2M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$15.8M |
LAD Hedge Fund Activity: Q3 2014 in Review
227 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Lithia Motors (LAD) for Q3 2014, worth a combined $1.73B — down 21% from $2.19B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new LAD positions and 27 closed out — a net gain of 10 holders — while 88 added to existing stakes and 83 trimmed.
The largest buyer was Glenview Capital Management, adding an estimated $27.9M. The largest seller was Lord, Abbett & Co, cutting an estimated $23.7M.
- 227 institutional investors held Lithia Motors (LAD) as of Q3 2014, up from 218 in Q2 2014.
- Funds reported $1.73B of Lithia Motors stock for Q3 2014, down 21% quarter-over-quarter.
- 37 funds opened new Lithia Motors positions in Q3 2014 and 27 closed out, a net change of +10 holders.
- The largest Lithia Motors buyer in Q3 2014 was Glenview Capital Management, an estimated $27.9M added.
- The largest Lithia Motors seller in Q3 2014 was Lord, Abbett & Co, an estimated $23.7M sold.
Based on aggregated 13F filings for Q3 2014.